You don’t have permission to view this page. Please include forex facebook ads IP address in your email. In early January rumors started spreading about whether Facebook would either adopt Litecoin or create its own cryptocurrency. On Tuesday, Facebook announced that it would block all cryptocurrency and ICO advertising on its platform.
Three days after it started to decline from its all-time-high, Charlie Lee, the founder of Litecoin announced that he sold off all of his LTC. There has been some speculation about whether Lee’s sell-off had an impact on the prices of Litecoin, and there have even been accusations of insider trading, given that he was the Director of Engineering at Coinbase. At the time that Lee sold off his LTC, Coinbase announced the appointment of Facebook executive, David Marcus to their board of directors. David Marcus is the Head of Messenger at Facebook, with expertise in mobile-first products. Tom Luongo published the story on December 20, which was later picked up by Zero Hedge and various other publications. He saw the negative response from the market as temporary, though Litecoin is still on a decline. From a technology standpoint however, it’s a promising coin.
It has the sort of technology built into it that an organization like Facebook might find appealing. Back in the 1990s and 2000s, most people believed technology would be a decentralizing force. But today, many people have lost faith in that promise. The Litecoin team has been hard at work working with companies to support Litecoin.
2018 will be a good year for Litecoin! Zuckerberg himself has suggested, whether it’s by way of Litecoin or some other technology, then it stands to reason that such a ban on advertising would clear out the competition and would allow Facebook to corner the market on this technology, using their tremendous platform to push it out to a massive audience. It’s only a matter of time before we are able to confidently analyze the motivation behind Facebook’s ban on crypto advertising. It could very well be that they genuinely want to prevent scammers from taking advantage of their audience.
On the other hand, it is entirely possible that they are paving the way for a new Facebook coin offering, utilizing the blockchain to facilitate transactions on Facebook to purchase goods, advertising space and other things of value. The post Is Facebook’s Ban On Crypto Ads In Anticipation Of A Litecoin Integration appeared first on crude-oil. Will Trump Spark An Offshore Drilling Boom? USD in the green up 3. 11 billion added to the global cryptocurrency market capitalization: Bitcoin price up 2. USD continue higher after the 200-pip run? You don’t have permission to view this page.